RBC Capital Reaffirms Their Buy Rating on Zillow Group Class A (ZG)
In a report released today, Brad Erickson from RBC Capital maintained a Buy rating on Zillow Group Class A, with a price target of $95.00.
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According to TipRanks, Erickson is a 5-star analyst with an average return of 18.9% and a 53.46% success rate. Erickson covers the Communication Services sector, focusing on stocks such as Alphabet Class A, Meta Platforms, and Zillow Group Class A.
In addition to RBC Capital, Zillow Group Class A also received a Buy from Piper Sandler’s Thomas Champion in a report issued today. However, on the same day, Bank of America Securities reiterated a Hold rating on Zillow Group Class A (NASDAQ: ZG).
Based on Zillow Group Class A’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $676 million and a net profit of $10 million. In comparison, last year the company earned a revenue of $581 million and had a GAAP net loss of $20 million
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- Zillow Group price target lowered to $62 from $78 at Goldman Sachs
- Zillow Group price target lowered to $72 from $84 at Canaccord
- UBS Initiates Zillow Group with Buy: Resilient Growth and Improving Profitability Outweigh Near-Term Margin Pressure
- Zillow price target lowered to $70 from $85 at Piper Sandler
- Zillow: Diversified Growth and User Momentum Support Buy Rating Despite Near-Term Profit Headwinds
